World2 sources
India Holds Scotch Whisky Imports from Pernod Ricard and Diageo
- Indian customs are holding containers of bulk Scotch whisky from Pernod Ricard and Diageo.
- The hold-up is due to a tariff dispute over whether whisky concentrates qualify for a 75% tariff.
- Authorities are insisting on a 150% import duty despite trade pact assurances.
- The situation has caused delays in the delivery of Scotch whisky.
- Investigators are seeking to apply the higher tariff.